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BabaBlast [244]
3 years ago
9

A C corporation earns $ 7.90 per share before taxes and the company pays a dividend of $ 5.00 per share. The corporate tax rate

is​ 39%, the personal tax rate on dividends is​ 15%, and the personal tax rate on​ non-dividend income is​ 36%. What is the​ after-tax amount an individual would receive from the​ dividend?
Business
1 answer:
Leviafan [203]3 years ago
5 0

Answer:

$4.55

Explanation:

The corporate tax rate is applied to the net income, not the dividends

And the personal tax rate is applied to non-dividends income so it is not relevant here.

The stockholder would receive $5.00 before taxes. and it will pay 15% for this in taxes.

$5 x 15% = $0.45 dividend taxes

after tax $5 - $0.45 = $4.55

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Answer:

B- Attempt to restrict output in order to raise prices.

Explanation:

Cartels is similar to a group in which every member is a giant producer together they control how much product will go in the market or how much price would be charged.

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3 years ago
A limitation of bond ratings is that they ____
Andrej [43]

A limitation of bond ratings is that they focus exclusively on default risk.

When investing, the bond rating represents the creditworthiness of a corporate or government bond. It's not the same as a person's creditworthiness. Ratings are published by rating agencies and used by investment professionals to assess the likelihood of debt repayment.

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1 year ago
Midyear on July 31st, the Chester Corporation's balance sheet reported: Total Assets of $81.965 million Total Common Stock of $2
Vera_Pavlovna [14]

Answer:

  Total Liabilities  = $62.273 million  

Explanation:

<em>The accounting equation state that :</em>

Total assets = capital + liabilities.

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<em>Capital for a company is represented by the shareholders funds which is the book value of issued common stock, share premium plus the retained earnings.</em>

So we can apply the equation to the figures of Chester Corporation

81.965  =( $2.540 + 17.152 ) + liabilities

Liabilities =  81.965  - ( $2.540 + 17.1552 )

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Total Liabilities  = $62.273 million

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